Mondelēz International, Inc. (MDLZ) Q3 FY2026 earnings

Reported results

• Reported Net Revenues (GAAP) increased 2.3% to $9,967 million for the third quarter.
• Organic Net Revenue growth (non-GAAP) was 2.1% for the third quarter.
• Diluted EPS (GAAP) increased 78.9% to $1.02 for the third quarter.
• Adjusted EPS (non-GAAP) was $0.78, an increase of 5.5% on a constant currency basis.
• Operating Income (GAAP) increased 136.3% to $1,758 million for the third quarter.
• Year-to-date Net Cash Provided by Operating Activities (GAAP) was $2.6 billion ($2,606 million) and Free Cash Flow (non-GAAP) was $1.7 billion ($1,659 million).

Guidance

• Reaffirms full-year 2026 Organic Net Revenue growth (non-GAAP) of at least 2 percent.
• Reaffirms full-year 2026 Adjusted EPS growth (non-GAAP) in the range of flat to 5 percent on a constant currency basis.
• Expects full-year 2026 Free Cash Flow (non-GAAP) of approximately $3 billion.
• Estimates currency translation will increase 2026 net revenue growth by approximately 1.5 percent and increase Adjusted EPS (non-GAAP) by $0.04.

Price and volatility reaction

The stock moved +3.9% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -4.3 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.